TARGET IPP: 500 MW ENERGY DEVELOPER TARGET: 2.5 GW WIP INDEPENDENT POWER PRODUCER ENERGY DEVELOPER

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2 INDEPENDENT POWER PRODUCER From our projects in phases of development, we choose those in which to invest directly, without ever losing sight of our main goal: to contribute to a target country s industrial growth and energy development. For this reason, we choose the most suitable industrial and financial partners and differentiate the investment on the basis of the specific peculiarities and needs of the selected areas. TARGET IPP: 500 MW ENERGY DEVELOPER We develop projects for the production of clean energy, with an efficient and long term vision. We choose the target countries by carefully assessing both the demographic and social situations and also the industrial growth and the relative energetic needs. The projects that we develop generally have a power range between 10 and 50 MW each and embrace all the genres of renewable sources, producing energy from photovoltaic, wind, geothermal, biomass and mini hydro systems. We approach projects in a flexible, systematic, and competent way at every step of the production chain: from the generation of the opportunity until the engineering study, from completion of the licensing phase to the definition of every single aspect bound to the procurement of debt capital and the analysis of necessary risks for the completion of the project. ENERGY DEVELOPER TARGET: 2.5 GW WIP

3 GIACOMO ORTOLANO CEO ALESSANDRO CIANFRONE Business Development Manager GUGLIELMO MARTINO Branch Manager South America Giacomo Ortolano is the CEO and founding partner of GED. Prior to founding GED, he founded several other companies in the green economy sector based in Italy, and before that he worked for Ernst&Young (EY), Sorgenia, and DNT Offshore. Alessandro Cianfrone, C.F.O., has broad experience in renewable energy business operation and financial strategy. In addition, he has a key role in the development, monitoring and evaluation of overall corporate strategy. Paying specific attention to new growing markets, he identifies potential partnerships and manages the entire range of business and financial relationships. Guglielmo Martino has provided leadership in the energy and power industry for over 15 years and has significant international experience. The provenience of Mr. Martino is Enel, the second largest utility company in Europe. He has been the Chief Financial Officer of Enel Romania and the General Manager of the Shared Services and Sales Company of Italian Group in Romania. ALESSANDRO ARIOLI Alessandro Arioli works in the fields of agriculture, environment, energy, and research. Over the last 25 years, he has completed 300 projects across four different continents. He is the dean of the Italian campus of the St. John International University (USA), and the department chair of Environmental and Social Sciences. PIERLUIGI BERCHICCI Pierluigi Berchicci is the founding partner of ValeCap, a financial advisory boutique specializing in renewable energy. Prior to founding ValeCap, he worked for Merrill Lynch and Morgan Stanley in London, New York and Milan. CLAUDIO DE CARLO Claudio de Carlo is an engineer with more than 35 years of experience and knowledge in technological systems development and engineering, with a focus on energy efficiency and savings. He has worked on more than 500 completed projects in Italy and has designed more than 35 MWp of photovoltaic power systems. MISSION & VISION To create value in the production chain of renewable energy, ensuring a cleaner planet for the future generations of the world, free from CO2 emissions and independent from the traditional energy sources that are on the way to exhaustion. To invest with foresight and tenacity in countries with high potential for development, thus enhancing their strengths. To select the most capable industrial and financial partners in order to secure the success of the projects for the collective well-being, wealth and development in favor of all the stakeholders involved. LUIGI ORTOLANO Since 1981, Luigi Ortolano has gained experienced knowledge of the entire petroleum industry through his work at the Company "Edison", where he was Chairman of Edison Storage and Distribution. In addition, he was the Managing Director of the joint venture "Abu Qir" in Egypt and was the Director of Hydrocarbon Asset. UMBERTO SGAMBATI Umberto Sgambati is the Chief Executive Officer of Proger Spa, one of the primary international companies for engineering and management, and he holds more than 30 years of experience. Proger offers integrated engineering services in the sectors of building, infrastructures and energy. LIONEL SMITH Lionel Smith, based in Dubai, has ventured into mainstream aviation and freight forwarding, logistics and real estate. His vision and foresight is to help develop infrastructure and renewable energy options for people in Africa, with a focus being on East Africa.

4 _EAST AFRICA 500 MW Kenya 120 MW 100 MW Uganda Tanzania Rwanda Madagascar Mozambique Tunisia Work in Progress Algeria Work in Progress 3_WEST AFRICA 60 MW Congo Ghana 4_SOUTH AMERICA 300 MW Chile 160 MW Mexico Perù 50 MW Brazil 50 MW 6_ASIA 400 MW 300 MW 100 MW Thailand Cambodia Laos Burma Philippines Malaysia Indonesia Vietnam 7_INDIA 400 MW WIND PHOTOVOLTAIC BIOMASS MINI HYDRO GEOTHERMAL 2_MENA (Middle East and North Africa) 450 MW Jordan 200 MW Egypt 100 MW KSA 150 MW Morocco Work in Progress 5_EUROPE 140 MW Serbia Bulgaria Poland Romania 30 MW 8_IRAN 50 MW

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